Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect GBPUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 30 Jan 13:00 if the released value is < 1.7%. A price movement of 30 pips is expected. Historical events that allowed us to draw this conclusion

28 Nov 13:00

29 Aug 12:00

28 Mar 13:00

30 Jan 13:00